CitizenCain Posted April 2, 2018 Report Share Posted April 2, 2018 Looks like starting monday their will be a glut of pork on the market which should drive the price down at least until the farmers start closing the doors and go out of business. BEIJING (Reuters) - China has slapped extra tariffs of up to 25 percent on 128 U.S. products including frozen pork, as well as on wine and certain fruits and nuts, in response to U.S. duties on imports of aluminum and steel, China's finance ministry said. https://www.reuters.com/article/us-usa-trade-china/china-imposes-additional-tariffs-in-response-to-u-s-duties-on-steel-aluminum-idUSKCN1H81J3 Link to post Share on other sites
Brian Posted April 2, 2018 Report Share Posted April 2, 2018 (edited) I am OK with that -- I will continue to read labels to make sure the human and dog foods are not from China, Asia and some other places. If I don't find anything on the labels, I don't buy them. I don't like pork at all. Edited April 2, 2018 by Brian 3 Link to post Share on other sites
CitizenCain Posted April 2, 2018 Author Report Share Posted April 2, 2018 Americas pork industry might have another view. The National Pork Producers Council said in late March that its members exported $1.1 billion in pork to China last year, making it the third-largest market. 1 Link to post Share on other sites
gpatt0n Posted April 2, 2018 Report Share Posted April 2, 2018 The pork that goes to China stays in China. There is little food imported from China. pubby Link to post Share on other sites
Guard dad Posted April 2, 2018 Report Share Posted April 2, 2018 Once they run out of cats they'll have to go back to pork. Link to post Share on other sites
mrshoward Posted April 2, 2018 Report Share Posted April 2, 2018 Trump lowers the price of bacon ! ! ! Link to post Share on other sites
CitizenCain Posted April 2, 2018 Author Report Share Posted April 2, 2018 Trump hates America's family farmers. 1 Link to post Share on other sites
mrshoward Posted April 2, 2018 Report Share Posted April 2, 2018 Trump hates America's family farmers. 75% of pork products are produced by just four large corporate conglomerates. Nice try. Link to post Share on other sites
CitizenCain Posted April 2, 2018 Author Report Share Posted April 2, 2018 75% of pork products are produced by just four large corporate conglomerates. Nice try. Pork isn't the only farm products on this list, America's small family farmers will suffer the most because of Trump's stupidity and this is just round one. 1 Link to post Share on other sites
glassdogs Posted April 2, 2018 Report Share Posted April 2, 2018 Pork isn't the only farm products on this list, America's small family farmers will suffer the most because of Trump's stupidity and this is just round one. If we could only find a tribe of cannibals somewhere....we have an oversupply of fat-azz Democrats we could export. Link to post Share on other sites
Guard dad Posted April 2, 2018 Report Share Posted April 2, 2018 Pork isn't the only farm products on this list, America's small family farmers will suffer the most because of Trump's stupidity and this is just round one. Funny...I don't recall you freaking out over the damage Obama did to the coal industry. Link to post Share on other sites
glassdogs Posted April 2, 2018 Report Share Posted April 2, 2018 Funny...I don't recall you freaking out over the damage Obama did to the coal industry. Not to worry...he has a lifetime supply of coal lumps from his Christmas stockings. Link to post Share on other sites
CitizenCain Posted April 2, 2018 Author Report Share Posted April 2, 2018 Funny...I don't recall you freaking out over the damage Obama did to the coal industry. Fracking and a abundant supply of cheap cleaner burning natural gas killed dirty coal. Link to post Share on other sites
gpatt0n Posted April 2, 2018 Report Share Posted April 2, 2018 Once they run out of cats they'll have to go back to pork. You know that is offensive, especially to those who like sweet and sour pork. 75% of pork products are produced by just four large corporate conglomerates. Nice try. And like the chicken industry, they contract out significant portions of the business of growing the pigs. They do this because it effectively externalizes their risks and puts more of that risk on family producers. Because of their advantage in access to capital, I suspect they actually welcome this as it will give them the opportunity to buy out the family-owned producers and corporatize an increasing percentage of the business expanding their share of the market at distressed, below market sales. Funny...I don't recall you freaking out over the damage Obama did to the coal industry. And I don't see you showing a whit of concern about Trump distorting the stock market. I wonder what kinds of plays they're doing behind everyone's back ... you know, let's make some money by shorting Amazon. When you recognize all the ways that actions of government can be gamed and you put someone like Trump whose entire career has included game playing (casinos, golf courses, mob contacts) and you see the impunity his organization exploits emoluments and you have got to know they're playing every angle. pubby Link to post Share on other sites
CitizenCain Posted April 2, 2018 Author Report Share Posted April 2, 2018 Stocks on track for worst start to April since the Great Depression https://www.cnbc.com/2018/04/02/stocks-on-track-for-worst-start-to-april-since-the-great-depression.html Link to post Share on other sites
juleebella Posted April 3, 2018 Report Share Posted April 3, 2018 http://wqad.com/2018/04/02/scott-county-farmer-is-squealing-over-25-chinese-pork-tariff/?utm_source=fark&utm_medium=website&utm_content=link&ICID=ref_fark Link to post Share on other sites
mrshoward Posted April 4, 2018 Report Share Posted April 4, 2018 (edited) Stocks on track for worst start to April since the Great Depression https://www.cnbc.com/2018/04/02/stocks-on-track-for-worst-start-to-april-since-the-great-depression.html The Dow Jones industrial average closed up 230.94 points : https://www.cnbc.com/2018/04/04/us-stock-futures-dow-data-trade-tech-and-politics-in-focus.html Edited April 4, 2018 by mrshoward Link to post Share on other sites
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